• $
  • €
  • ₽
  • ₺
  • £
ALL NEWS Political News Society Culture Business Sport World Photo Video
Categories Business

Goldman Sachs: Sterling may fall another 10 percent

Goldman Sachs: Sterling may fall another 10 percent
19.10.2016 22:59
Goldman Sachs says Sterling is not yet cheap. It would have to fall another 10 percent for the underlying current account to go from its current level (-3.0 percent) to -1.5 percent.
 
Earlier, Goldman predicted the sterline would fall nearly $1.20.
 
 HSBC analysts say the sterling will decline about $1.10.
 
However, BNP Paribas thinks exchange rate of the sterling is unfair and it may rise to $1.29 soon. Another French bank Societe Generale announced the sterling will go up in case the exchange rate increases to $1.15.

www.ann.az
Similar news
Similar news
Business without limits: More than 5 transactions a day
Business 16:05
Business without limits: More than 5 transactions a day
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
Business 15:29
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
Business 12:28
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
US Treasury Secretary Bessent warns nations keeping Iran ties risk economic collapse
Business 11:04
US Treasury Secretary Bessent warns nations keeping Iran ties risk economic collapse
Gold heads for third straight weekly gain as dollar weakens
Business 10:30
Gold heads for third straight weekly gain as dollar weakens
Azerbaijan's Azeri Light crude rises to $96.68 per barrel
Business 09:59
Azerbaijan's Azeri Light crude rises to $96.68 per barrel
Gold heads for third straight weekly gain as dollar weakens on US Treasury buybacks
Business 09:57
Gold heads for third straight weekly gain as dollar weakens on US Treasury buybacks
Central Bank of Azerbaijan sets official exchange rates: USD holds at 1.7000 AZN
Business 09:29
Central Bank of Azerbaijan sets official exchange rates: USD holds at 1.7000 AZN
Tanker values hit highest since 2008 as Gulf producers race to secure oil export routes, FT reports
Business 18:00
Tanker values hit highest since 2008 as Gulf producers race to secure oil export routes, FT reports
Anews TV

Our official Youtube channel

Subscribe

Latest news

Political News 16:30
Karabakh will be my first official regional visit, formal request submitted -UK Ambassador
Business 16:05
Business without limits: More than 5 transactions a day
Political News 16:00
Visa-free travel regime with Azerbaijan or other countries not currently expected
Society 15:30
Widespread English proficiency in Azerbaijan shifts British Council focus to exam administration
Business 15:29
A major step toward advancing artificial intelligence infrastructure in Azerbaijan’s banking sector
World 15:00
Trump hardens stance against Middle East allies amid impasse in Iran conflict, WP reports
Political News 14:30
Azerbaijan is London's key South Caucasus partner for years to come
Society 14:00
Yeni Klinika Deputy Director Ravil Taghiyev steps down ahead of relocation to US
Society 13:30
Azerbaijan police detain 76 criminal suspects in nationwide operations over past 24 hours
World 13:00
Steve Jobs' NeXT was rescued by massive US intelligence contract in 1980s, WSJ reports
Business 12:28
Oil edges lower, heads for 7% weekly gain on Gulf disruptions
World 12:00
Armenian PM Pashinyan to recall ambassador to Russia Gurgen Arsenyan, media reports
World 11:30
Portugal enacts public face-veil ban with fines up to €3,000
Business 11:04
US Treasury Secretary Bessent warns nations keeping Iran ties risk economic collapse
Business 10:30
Gold heads for third straight weekly gain as dollar weakens
More news
Aliyev, Erdogan and Pashinyan hold joint discussion in Prague
16:23

Aliyev, Erdogan and Pashinyan hold joint discussion in Prague

Photo
To the loving memory of Azad Khalilov - PHOTOS
17:58

To the loving memory of Azad Khalilov - PHOTOS

Photo
Turkish, Iraqi foreign ministries hold political consultations
17:27

Turkish, Iraqi foreign ministries hold political consultations

Photo
16:30

"Freedom for Misha!" inscriptions appear in key Georgian cities

Photo
Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO
17:30

Azerbaijani MP calls Musavat and APFP “traitors” — VİDEO

Video
Los Angeles Police deny Armenian lobby’s allegations - VİDEO
10:06

Los Angeles Police deny Armenian lobby’s allegations - VİDEO

Video
Luis Suarez sends emotional message of support to cancer sufferer
12:31

Luis Suarez sends emotional message of support to cancer sufferer

Video
Horrors in India's Dairy Industry
12:02

Horrors in India's Dairy Industry

Video